Solvex Edibles Ltd. IPO
IPO Timeline
Category-wise Subscription
| Category | Sub (x) | Offered | Bid For | Amt (Cr)* |
|---|---|---|---|---|
| NII (HNI) | — | 1,244,800 (48%) | — | ₹896 Cr |
| Retail | — | 1,244,800 (48%) | — | ₹896 Cr |
| Market Maker | — | 131,200 (5%) | — | ₹9 Cr |
| Σ Total | — | 2,620,800 (100%) | — | ₹18,870 Cr |
Only available investor categories are shown. Amount is auto-calculated when shares offered and issue price are available.
Issue Details
Minimum Investment (Lot-wise)
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 1,600 | ₹115,200 |
| Retail (Max) | 13 | 20,800 | ₹1,497,600 |
| S-HNI (Min) | 14 | 22,400 | ₹1,612,800 |
| B-HNI (Min) | 67 | 107,200 | ₹7,718,400 |
Financial Statements Amount in ₹ Crore
| Metric | 31 Mar 2025 | 31 Mar 2024 |
|---|---|---|
| Revenue | 136 | 72 |
| EBITDA | 11 | 3 |
| Profit After Tax | 4 | 1 |
| Net Worth | 20 | 14 |
| Total Assets | 92 | 89 |
| Reserves & Surplus | 14 | 11 |
| Total Borrowing | 58 | 56 |
Valuation & Key Ratios
Grey Market Premium (GMP)
GMP is an unofficial grey market indicator and does not guarantee actual listing price. Invest at your own risk.
Objects of the Issue
- To finance the Capital expenditure towards acquisition of new Plant and Machinery at existing plant of the Company – 8.31
- Repayment in full or in part, of certain of the outstanding borrowings – 5.90
- To meet General corporate purposes – 2.79
Company Overview
Incorporated in 2013, Solvex Edibles Limited is engaged in the business of manufacturing, distribution, marketing and selling of Solvent Extracted Rice Bran Oil and other by products such as De-oiled Cakes - Rice Bran, Rice Bran and Mustared Oil, Mustard Cakes, Deoiled Mustared Cakes.
The company supplies Solvex Extracted Rice Bran Oil Deoiled Cakes, Rice Bran, Mustard Oil, Mustard Cakes, and Deoiled Mustard Cakes to various FMCG companies across India. The company currently sells its products in 18 states.
The company manufactures Rice Bran Oil using solvent extraction from crude rice bran. The facility is located in Kemri, Bilaspur, Uttar Pradesh, covering 12,140 sq meters, enabling nationwide distribution.
With a processing capacity of 200 TPD, the plant includes an extraction division for integrated production and processing of Rice Bran Oil.
Product Portfolio:
- De Oiled Mustard / Rapeseed cakes (DOC): The company produces de-oiled Mustard/Rapeseed cakes during mustard oil extraction. These cakes are used as a valuable ingredient in cattle and poultry feed industries.
- De Oiled Rice Bran (DORB): The company produces de-oiled Rice Bran Cakes during rice bran oil extraction. With high nutritional value, these cakes are a sought-after ingredient in cattle, poultry, and fish feeds.
- Crude Rice Bran Oil: The company produces crude, edible-grade Rice Bran Oil through solvent extraction, which is sold to refineries for further processing and packaging as cooking oil.
As of 16th September, 2025, the company had 40 employees.
Competitive Strengths:
- Extensive Array of Products
- Strategic location of the Manufacturing Facilities.
- Easy availability of raw material around the Manufacturing Facilities.
- Experienced Promoters and senior management team.